NewEnergyNews: STEELCASE SPONSORS JOHN DEERE WIND FARM/

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

    -------------------

    -------------------

      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Wednesday, March 19, 2008

    STEELCASE SPONSORS JOHN DEERE WIND FARM

    Why not? The Academy Awards come from the Kodak Theater. Other corporations have ballparks, football stadiums, hockey and basketball arenas. Sponsoring wind energy may not get Steelcase as much publicity but it is arguably a much better identification.

    Furniture manufacturer Steelcase, a company with a strong environmental conscience, bought the renewable energy credits (R.E.C.s) the wind farm will create. Spending advertising money to create such associations while offsetting corporate emissions is likely to become more common in the near future.

    There is controversy over whether Steelcase has used its sponsorship to its best advantage. Apparently labeling the turbines “provided by Steelcase” and naming the installation "The Wege Wind Farm" (after a company founder) is not good enough “branding.” Hank Stewart, vice president, Green Team advertising agency: “So many people care about the environment now that you really can get a lot more juice from naming a wind farm than from naming a stadium…But they really missed an opportunity by not leading with their brand name.”

    Michael Watras, president, brand consulting firm Straightline: “Few people know who Peter Wege is, so it creates a disconnect in people’s minds…If they’d called it the Steelcase Wind Farm, the tagline could have said, ‘We support an eco-friendly environment.’ ”

    No doubt the advertising wits will have more to say about how to get the most advertising mileage out of the sponsorship. Regardless, the concept opens up a whole new way of financing New Energy projects. Elizabeth Salerno, American Wind Energy Association (AWEA): “This could really make more communities embrace local wind projects…”

    The company that arranged the Steelcase/John Deere deal sees a whole new naming game in New Energy. Ted G. Rose, vice president, Renewable Choice Energy: “This is a new business model, and it could attract any brand that wants to be linked with sustainability…Imagine the G.M. wind farm, the Apple wind farm — it’s not unthinkable at all.”


    John Deere built the wind farm. Steelcase bought RECs to help with the financing and got the right to name it. Both presences are important, John Deere for making the move from one kind of farming equipment to another, Steelcase for leading the way in a new kind of New Energy financing. (click to enlarge)

    Corporate Sponsorship for a Wind Farm
    Claudia H. Deutsch, March 18, 2008 (NY Times)

    WHO
    John Deere Wind Energy, Steelcase (Peter Wege, son of Steelcase founder/prominent Michigan environmentalist; Nancy W. Hickey, chief administrative officer)

    Steelcase named it the Wege Wind Farm in memory of founding family member and "Green Giant" Pete Wege. (click to enlarge)

    WHAT
    Farm tool and mechanical implement manufacturer John Deere is building an 8-turbine, 10-megawatt wind farm. Furniture company Steelcase will sponsor the project, buying the renewable energy credits (R.E.C.s) for the privilege of naming it the Wege Wind Energy Farm and getting the company name on the turbines and property.

    WHEN
    - Scheduled to open May 2008.
    - Steelcase is committed to the REC purchase for 5 years.
    - Steelcase started a “Green Giants Campaign” on the internet to recognize deserving environmentalists.

    Steelcase and John Deere picked a good location when they picked the Texas Panhandle. (click to enlarge)

    WHERE
    Panhandle, Tex.

    WHY
    - The RECs will offset 20% of Steelcase’ operations power consumption.
    - The cost of each turbine in the wind farm is $1 million to $2 million.
    - The unique funding opens the possibility of wind farm developments otherwise not affordable.

    Word on the street is Steelcase makes a fine "blogger's chair" which NewEnergyNews is willing to use if necessary. (click to enlarge)

    QUOTES
    - Nancy W. Hickey, chief administrative officer, Steelcase: “…this is another way to help get us [to the Steelcase goal of cutting its carbon footprint 25% by 2012).”
    - Andrew Winston, environmental consultant/co-author of “Green to Gold”: “The demand for wind power and for R.E.C.’s is outpacing the supply, so I won’t be surprised to see more companies trying to lock up the renewable energy credits that become available…” - Mark S. Brownstein, Environmental Defense Fund: “After all, the best environmental policies are the ones where there’s a strong economic rationale for doing the right thing…”
    - Bradley W. Johnson, director for business development, John Deere: “It costs us $350,000 to bring in a crane, whether you are building 4 turbines or 40…And you have the same legal fees, and costs of mobilizing a crew or negotiating contracts with utilities.”

    0 Comments:

    Post a Comment

    << Home